Bullish Blog

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Investor’s Business Daily - The Shanghai Composite index outperformed all global markets in the first three months of the year, logging its best first-quarter start since 2000. The SCI soared 30%, while the MSCI Emerging Markets index ended flat and the FTSE World index lost 9%.

AP - Wall Street ended a tumultuous March on a high note, managing its first winning month this year and its best monthly performance in nearly seven years. Stocks finished off their earlier highs on Tuesday but resumed a three-week rally that has brought the Dow Jones industrials up 16 percent since hitting new 12-year lows in early March. The Dow logged a 7.7 percent gain for the month — its biggest monthly advance since October 2002.

Financial and tech stocks lead the market higher. The major indexes have their best month since 2002, and first-quarter losses are trimmed substantially. Home prices are still falling. The rally faces big hurdles.

AP - China will launch a long-awaited stock exchange for smaller companies on May 1 in an effort to promote growth of more innovative industries, the government announced Tuesday.

AP - Evelyn Y. Davis was raking CEOs over the coals before it was popular.

AFP - The euro bounced back strongly against the dollar on Tuesday, taking a lead from a recovery on the stock markets after a sharp sell-off the previous day.

AFP - Global stock markets recovered Tuesday as investors hunted for bargains a day after sharp losses caused by heightened concerns for the US economy and in particular its ailing auto sector.

Reuters - Air Canada shares sank 22 percent on Tuesday as analysts speculated that the resignation of its CEO, and the naming of a replacement known for his restructuring expertise, may signal the airline’s second filing for creditor protection in six years.

AP - U.S. Sec. of State Hillary Rodham Clinton shared a conference table Tuesday with a senior Iranian diplomat at an international session on the future of Afghanistan, but did not react to the Iranian’s call for a buildup of Afghan security.

AFP - Global stock markets recovered Tuesday as investors hunted for bargains a day after sharp losses caused by heightened concerns for the US economy and in particular its ailing auto sector.